Longacre’s Ledger The Journal of the Flying Eagle and Indian Cent Collector’s Society Vol. 14.2; Issue #60 WWW.FLYINCLUB.ORG June 2004 1906 Indian Cent Struck on Gold Planchet ! Contents Featured Articles Who Knows? by Robert Pletta “ It’s the coin, stupid ” by Ira Davidoff Civil War Tokens Struck On United States Small Cents by Chris Pilliod 1863 Indian Cent “Lightening Shower” Variety by Chris Pilliod Columns Whatizzit, Anyway? by Chris Pilliod The Fly-In Club Welcome’s 2004’s New Members by Vern Sebby 2004 Fly-In Club Pricing Guide by Richard Snow Membership $20 per calender year - P.O. Box 162, LaFox, IL 60147 Overdo 1 ears in Numismatics WHEN it COMES time TO sell, choose the company that offers you an unsurpassed reputation of integrity, numismatic professionalism H and expertise, and proven financial results. Led by Q. David Bowers, H who can boast over 50 years in the field of numismatics, the staff of T American Numismatic Rarities brings you over Z50 years of .■ Bp | combined experience bringing fine numismatic properties to auction. ■ ' -8 I Q- David Bowers HAS BEEN HONORED by the American B a Numismatic Association with its two highest awards™ the Farran A ml Zerhe Memorial Award and Numismatist of the Y ear. Bowers has I : M , , . ’ Yy I served as president of both the American Numismatic Association 1 1 ' ; IHHHk (1983-1985) and the Professional Numismatists Guild (1977-1979), who awarded him with their highest honor, the Founder's Award. Bowers is the only person to have served as president of both these prestigious organizations. NAMED BY Coin Ace magazine as one of the “Numismatists of the Century,” Bowers is the author of more than 40 works, mostly on the topic of rare coins, including the ANA, Centennial History \ History of United States Comage (for The Johns Hopkins University), Adventures with Rare Coins , the two-volume Silver Dollars and Trade Dollars of the United States , and A California Gold Rush History, More of Bowers' books have won “Book of the Year” honors from the Numismatic Literary Guild and Professional Numismatists Guild than have those of any other author. He has catalogued many of the finest collections ever assembled, including the Eliasberg Collection, the Norweb Collection, the Garrett Collection, and the Harry W, Bass Jr. Collection. CONI ‘ACT us TODAY to put Dave and our expert staff to work for you! John Kraljevkh Numismatic Research Dr. Rick Bagg, Auction Consignments Frank Van Valen, Senior Numismatist Christine Karstedi President John Pack, Auction Consignments Q. David Bowers Numismatic Director ANA UEt Member* Dr. Richard Bagg Q. David Bowers Chrwinc Cusudt Metros KSwcdi John Kraljevkh. Jr. John M. Pact Frank Van Voter. American Numismatic Rarities; llc m P.O. Box 1 804 * Wolfeboro, NH 03894 • Toll-free; 866-8 1 1 - 1 804 * 603-569-0823 , , SL Fax: 603-569-3875 • www.anrcoins.com • auctioo@anrcoins.com The Flying Eagle and Indian Cent Collectors Society Our mission is to gather and disseminate information related to James B. Longacre ( 1 794- 1869), with emphasis on his work as Chief Engraver of the Mint ( 1 844 -1869) with a primary focus on his Flying Eagle and Indian Cent coinage. Founded 1991 Club Officers President Chris Pilliod Vice President Tim Cartwright Secretary Sheldon Freed Treasurer Vem Sebby State Representatives Chairman W.O. Walker Editor Frank Leone Web Master Paul Houck pilliod@enter.net tcartwright@floratine.com marsfreed@juno.com melva6906@pi-airienet.com worian@aol.com FLRC@aol.com pth77@optonline.net State Representatives The following individuals have indicated their willingness to help promote the club and it s activities in their state. NOTICE TO ALLSTATE REPRESENTATIVES: please forward your E-Mail address to The Editor immediately* Alaska Robert L. Hall Arizona Rick Snow Delaware Jesse Furry California Mark Watson Connecticut.... Ronald Gammill Florida Art O'Connell Georgia Ronald Cohen Idaho Marvin Erickson Illinois Mark Van Deusen Indiana David Brody Iowa Thomas Robertson Kansas Mark McWherter Kentucky Everett Ramsey Louisiana Lynn Ourso Maryland Larry Steve Nebraska Quent Hansen Rlhprince@aol.com Ri ck@indiancent. com furry@ezy.net mcw@qnet.com Rongammill@aol .com art02003@earthlinlc.com marvscoin@aol . com Mvande7 1 36@aol.com tdrobertson 1 @juno.com mmcwherter@j uno.com wramsey @commandnet. n et Lourso@inamexom Lstevel 856@aol.com QuentNCathy@aol.com North Carolina . Bob Pedolskey New York W.O. Walker Ohio John A. Guisinger III Oklahoma Mike Ellis Oregon Donald Kay Pennsylvania Chris Pilliod South Carolina Jerry Sajbel Texas Francis Townsend Virginia Joel Cherry Washington Kenneth Hill West Virgina John Savio bo b_pedolsky @hotmai 1 .com WORIAN@aol.com goose3@neo.rr.com MrolEllis@yalioo.com pilliod@enter.net Sajbels@cetlink.com fet.dod@juno.com J ch erry@p atri ot.net hilljk@att.net Indiancent@ao l .com Please help the editor in updating any errors or changes. If you would like to become a state representative (there can t^e more than one per state) please contact the editor. On the cover... 1906 Indian Cent struck on a gold planchet in- tended for the $2.50 coin. This piece is from the ANR/Stack’s “The Medio/Da Costa Gomez Collections” June 23-26 2004 Lot #4097. Despite a hid of over $80,000, the coin did not sell. Image courtesy of Stack's., Inc., New York City Copynghi 2004, The Flying Eagle and Indian Cent Collectors Society, ‘The F!y-ln Club”. AU rights reserverd Articles, opinions and comments appearing in this journal reflect the views of their authors and may or may not agree with those of the editor or the society The society specifically reserves the nght to edit copy, to require payment in advance, to suspend advertizing privileges, or to decline any article, letter to the editor, advertisement or other submitted material in part or in whole at its sole discretion. No part of this Journal may be reproduced, tn whole or m part, by any means, without permission from the Society Printed by Insty Prints, Tucson, A Z Longacre’s Ledger 2004 Vol. 14.2 Issue #60 Contents Featured Articles Who Knows? by Robert Pletta 7 “It’s the coin, stupid” by Ira Davidoff. .....9 Civil War Tokens Struck On United States Small Cents by Chris Pilliod. ...10 A Scary Introduction to the Hobby by Chris Pilliod. ....14 1863 Indian Cent “Lightening Shower” Variety by Chris Pilliod. ....18 Columns Whatizzit, Anyway? by Chris Pilliod. 20 The Fly-In Club Welcome’s 2004 ’s New Members by Vern Sebby 13 2004 Fly-In Club Pricing Guide by Richard Snow 21 President’s letter 5 Advertising rates 25 Submission guidelines Submission deadlines If you have a substantive article you would like to contrib- ute, please follow these guidelines: V If you have internet access, you can send text to the editor’s E-mail address below. Unformatted text or MS word preferred. Please save images as seperate files (JPG or TIF preferred) V You may also send files and images on a 3.5” PC- formated disk or CD-W disk to the Editors address below. V Hard copies of the article and pictures may also be included. V Images of materials can be made by the editor for use in the Journal. Please include the necessary return post- age with the submission. V Please feel free to contact the editor if you have any questions. Please submit all articles, letters, columns, press releases, advertisements no later than the following dates to assure inclusion. Issue Deadline Issue date #62 2003 Vok 14,4 November 22, 2004. December 2004 #63 2004 Vok 15.1 February 15, 2004 ...March 2005 Please forward all articles. Your participation in the content of the Ledger will keep our Club strong ! Feel free to write your Editor for help with photogra- phy if needed. Editor Frank Leone P.O. Box 170 Glen Oaks, NY 11004 FLRC@AOL.COM 4 Longacre’s Ledger President’s Letter Chris Pilliod T his is my eighteenth letter as president. It’s been nine years. Nine long years. And at least twice a year I get reminded of it. It was back in 1995 during a business conference on a chilly and windy early evening when I hopped off the L-train near the “loop” in downtown Chicago. I fought the gale reading my map until I located North Clark Street. I got my bearings and high-tailed it straight to Harlan Berk’s Coin Shop, more to get out of the biting cold than to enjoy any numismatic experience. Once I arrived I was greeted by my old acquaintance Tom DeLorey, a renowned numismatist with world-class credentials in many series, both US and foreign. He quickly headed to the vault and pulled out a 2x2 and tossed it to me. “Have you seen this one?” I studied it and replied, “No, I have not.” It was a mid-grade 1865 Indian cent with a nice full cud on the obverse near the date. “Cuds near the date are rare,” I informed him. “The mint was worried about insuring the visual integrity of their product, especially the obverse. So when they noticed an obverse cud, they quickly shut the machine down and retired the die.” We worked out a fair price and after picking out a few other nice coins I headed back outside to brave the darkening skies. “Just write it up in the Ledger. . . and mention my name,” Tom added as I left. “No problem,” I replied, “I’ll try to get it in this issue. This month is busy — my son Jackson turns mne and I’m sure it will be a busy month.” Jackson will be 1 1 in January and he is now joined by two younger brothers, and Tom’s discovery still has never made it into the Ledger. And so there I was at the ANA in Pittsburgh this August, trepidating slowly towards Harlan Berk’s table on the bourse floor, want- ing to look at their stock but also preparing myself for the obligatory question, the same one I have unsucces- sfully tried to answer twice a year for the last nine years, once at the FUN Show and once at the ANA. However, this summer I was quick on my feet, and I thought I’d try a pre-emptive strike — they seem to be popular lately. Before he could even ask me I blurted out, “Tom, I promise you, I will get that 1865 into the next issue.” And so here it is, finally, after hibernating in my collection for the past decade. Anice 1865 Indian cent with an obverse cud. Obverse cuds are indeed rare on Indian cents and when they do occur are almost always full in nature, as the broken piece falls away from the die, which for the obverse was located in the upper or hammer position. 1865 Indian Cent cud purchased from Tom De- Lorey of Harlan Berk’s Coin Shop in 1995. Just as soon as I left Tom’s table I headed off to our Fly-In Club ’s ANA meeting, and had a nice attendance at the Club meeting. We opened our meeting by meet- ing those in attendance. They are as listed below: John Savio, a collector of premium quality Indian cent business as well as proof issues. John is the owner of one of the most stunning MS67 Indian cents I have laid eyes upon. The Flying Eagle and Indian Cent Collectors Society 5 Don Rhodes, along with his orange hat from Tennessee. Rob Johnson of Cornwall NY. Bob Petersen of St. Louis Park, MN who began collect- ing after finding an Indian cent in cafeteria change. Stanley Spurgeoness and his son from Buffalo, NY, a collector of Proof Indians. Frank Leone of NYC, our new editor. Rick Snow, Past President of the Club from Eagle Eye Rare Coins in Tucson, Arizona. Bob Pedolsky, a collector who has re-discovered his love of Indian cents from North Carolina. Bob brought a small group of counterfeit Indian cents he had pur- chased 30 years ago in the New York City area. Eric Von Klinger, of Coin World note. Chris Pilliod, current President from Pennsylvania. Lynn Ourso of Louisiana. Lynn is one of the nicest guys you’ll meet in any walk of life. Willis Shimker of Chicago. A1 Kruezer, a California dealer with Hawaiian shirts. We missed our friend Ken Hill. We had a presentation on an interesting shattered die 1863 Indian cent, which you may read in this issue, as well as a membership summary, which Secretary Vem Sebby writes about in this issue as well. I will mention that we had an unprecedented renewal rate. 78% of those renewals sent out were returned for re- upping. This is the best we have ever done. It was an v interesting ANA, but quieter than some in the past. It was especially difficult to find any choice Indians at a decent price. Some of the highlights of the ANA Show included: * We handed out close to 100 flyers at the Club table and applications to interested parties * Due to a shortage of club table space, we shared a table with our friends from CONECA — a sharp group of very enjoyable folks. * Rick Snow purchased from auction an unattributed 1856 Flying Eagle, the rarest 1856 die pair combination. I have two important announcements to make. First of all I would like to introduce Frank Leone, a club member from New York, as our new editor. I have known Frank since he learned to spell correctly almost ten years ago. Seriously, on behalf of the Club, I would like to welcome Frank, an all-around good-guy who as a very serious collector combines a strong old-fashioned passion for numismatic research with the ability to clearly articulate his point (and I know this first-hand). He has done some writing in the past, including works on the Two Cent piece. Being an IT manager, he also brings us a lot of experience on the soft- ware and publishing end of the spectrum. Also on behalf of the Club, I would I would like to thank Rick Snow for all the years of his service as editor and hope he continues to supply much needed materials for market/and auction prices realized. There is no other specialty club that is as fortunate to have the leading authority on its coinage as the editor and contributing writer. Now we desperately need fresh articles! ! ! In our renewal survey we found readers really enjoy the “Whattizzit?” column and the personal biography column — how you got started collecting coins, how your interests formed, your favorite coin, etc. Please send your work to Frank at his email or snail mail address: Donatons. Finally, I would personally like to thank the following members for their added generosity in offering the club a donation along with their renewal. Kevin Coyle, Carl Thomas, Jonathan Kern Rare Coins, Michael Motto, Roy Baker, Donald Wedding, James Bowman, John McGeachy, David Perry, Gerry Gerber, Dennis Montini, Rick Alteri, Darrell Wolfe, James Burk, JD Williams, Neil Landers If you would like to share any thoughts, email address: pilliod@enter.net Fly-In Club Editor Frank Leone P.O. Box 170 Glen Oaks, NY 11004 email: flrc@aol.com 6 Longacre’s Ledger Who Knows? by Robert Pletta I am ever amazed at the consistent interest in the Indian Cent series of 1859-1909. Everyone I know collects, has collected or likes to look at nice ex- amples. All possible grades are sought and available. In fact, circulated examples are easy to grade. The Indian Cents also have a popular design, even if somewhat confused by a name misconception. The obverse was meant to be a representation of Liberty with a bonnet, not an Indian. The whole field of Indian Cent collecting is heading in directions long dominated by the Early American Copper collectors (EAC), who extensively research such areas as varieties, die states, grading and a spate of other subjects. The EAC publishes a bulletin second to none on a specialty series, but the small cents Indian collectors are gaining accomplishment. New volumes by Snow and Flynn, along with the Fly-In Club’s growing and excellent journal, Longacre’s Ledger , has sparked a flourishing Indian Cent market. The market is still young and new discoveries turn up daily as the field starts to mature. Dealers can’t keep up unless it’s a specialty. It is very much a cherry picker’s market for serious collectors on a pauper’s budget. Thrifty collectors can build a basic set in G-VG for less than $1,500. This excludes the 1864L, one of the 1873 varieties and the 1869/9 listed in the Redbook. Keep in mind the 1 877, 1 908S and 1 909S account for about $825, or half the cost of the set. When entering the investment arena, there’s a sdrious jump in price to Fine from 1869 to 1872. The same set in Fine would cost about $2,250 with only $1,000 going for the 1877, 1908S and 1909S. Surprisingly, for other grade increases, the jump in prices are not as great. Over several years of following the series, I have yet to see the rarer date coins drop in price. The 1877 is a justifiably rare coin in spite of the fact that the 1909S has a much lower mintage. The 1908S is the third lowest in mintage for the series and downright inexpensive as a rarer date goes. David Bowers points out in his primer, United States Copper Coins that the scarcity of the 1 877 was not known until much later. By 1 909, collectors were much more aware of mintmarks and date collecting. Simply, more of the 1908S and 1909S were saved. Such awareness was probably fostered by the publication of Heaton’s, A Treatise on the Coinage of United States Branch Mints in 1893. It is fair to conclude that, while the 1877 was an unexceptional coin at the time of its minting and not specially treated, many were disregarded. It might also explain why so many poorer examples mm up in estate auction shoeboxes of pennies and such. Be careful when buying the 1877. It has such a mystique and demand that many AGs parade around as Gs. The coin must have visible rims and complete outlines to be a good. Fines, at least in the rare dates, should probably be third party graded for authentication as counterfeiting is a concern in the key dates of just about any series. So, why the varied interest? Sure, availability, afford- ability and a series growing rich in depth all contribute. Maybe, too, Indian Cent collecting has a long, yet modem, tradition. The coin certainly provokes associations of the Civil War, the Wild West, and the waning of the Frontier. Or, maybe it was a coin our mothers, fathers, grandfathers collected as young people. My own interest in coins was prompted late in life by some lowly Liberty “V” nickels found in a tourist shop jar. Only later, upon my Dad’s death, did I come into possession of a Washington Quarter set he had gotten together. I still have that set and added the two coins he was missing, the ’32D and ’32S. I’ve often wondered whether he collected the Indian Head cents as a boy. Maybe he had touched the Indian Head Cent I now own and am looking at. Who knows? The Flying Eagle and Indian Cent Collectors Society 7 “It’s the coin, stupid” by Ira Davidoff W hen I resumed collecting in 1 992, 1 first saw the impact the grading services were having on collecting, and on the coin market. At first, this was touted as a consumer protection measure. Within broad parameters, you knew that the MS 63 you were buying wouldn’t suddenly become an AU58 when you tried to sell. You learned the look of coins certified as MS64RB, MS65RB, MS64RD, MS65RD, and MS66RD, and so forth. If you looked at enough coins, and bought enough mistakes, you learned how to grade. Also, there was a measure of counterfeit protection. And best of all, in the early to mid 1 990s, coins were relatively inexpensive. Good taste did not require a dot.com fortune. At first, I bought PCGS and NGC coins, starting a collection in MS64RB. And I bought ANACS coins when unusual varieties came along. Well, it didn’t take too long before I figured out that MS65RD and then MS66RD coins were much prettier than MS64RB coins. So I acquired a few of those pieces periodically over the year's. And what did I notice? That the pieces which were graded MS65RD in the early 1990s often looked like the pieces graded MS66RD by 2000. But the MS66RD pieces rarely got upgraded. Much has been made of grading inflation. A study published a couple of years ago seemed to conclude that the aver- age grade conferred by a grading service had risen by 0. 16 point during the previous decade. Recently Coin World reported that 7 of the 9 coins in the King of Siam set were now graded higher than their original grade. Other prominent coins have a way of creeping up in grade as well. Why should this be? Is it inevitable? Is there a limit to this process? My son attends a well known eastern university. Grade inflation is considered a significant issue at most selec- tive eastern colleges. At my son’s college, the average GPAwas 3.2 in the early 1990s. Now it is 3.4. Are the students smarter than 1 0 years ago? Are coins nicer than they were 10 years ago? Grade inflation is not limited to coins. My son’s college convened a high level panel six years ago to figure out what to do about grade inflation. What happened in the six years since the problem was identified and studied? Of course, grade inflation continued. Now the college is proposing a new system to lower the grading curve back to where it was 10 years ago. Will it work? Will the students or the university be better off? To give another example, in 1993 the PCGS popula- tion guide listed 27 MS64RD, 11 MS65RD, and 0 MS66RD Indian cents for 1890. In 2003, there were 53/39/7 coins reported in the same grades. While cer- tainly there have been resubmissions inflating these numbers, I cannot believe that those 7 MS66RDs all came out of raw collections in the recent decade. No, some of the 1 1 MS65RDs clearly were upgraded. This comparison would be true no matter which year you choose. The other observation is that PCGS coins compared to NGC coins in a given mint state grade in the ag- gregate are much nicer than the spread between PCGS and NGC Indian cents were 10 years ago. This does not imply that one grading service is better at grading, nor that PCGS tends to assign a lower grade to mint state coins, in the aggregate, than does NGC. Is there a difference in grading standards between PCGS and NGC? Or is there another reason? I think the reason for grade inflation in the coin mar- ket is the same as the reason for grade inflation on the ivy league college transcript is the same as the reason for currency inflation since 1940. Everyone feels better if his salary goes up. Every student feels better if his GPA is higher than his freshman GPA, or his father’s GPA. And every collector feels better with a collection of MS66RDs than with a collection of MS65RDs, even if they are the same coins. It is part of the grading services marketing their product to their customers, collectors and dealers. If it went the other way, i.e, each time you send in a coin it was assigned a lower grade, would PCGS get many resubmissions? They would be out of business. So grading inflation is a necessary business strategy for 8 Longacre’s Ledger the grading services to maintain a steady demand for their product. As long as the market assigns value to certified coins over and above raw coins, the grading services must practice a slow rate of grade i nf lation. This is a rational business strategy. Just like the Federal Reserve, which targets an inflation rate of 1 to 2%, and tries to avoid deflation at all costs. So why have PCGS Indian cents become relatively so much more valuable, and “nicer” in the aggregate, than NGC coins? Because PCGS has executed a strategy to establish itself as the preferred brand of coin plas- tic. You might buy Kellogg’s Rice Krispies instead of Safeway generic Crispy Rice cereal, paying 30% more, even though Kellogg’s may be selling crispy rice cereal in bulk to Safeway for Safeway to place its own brand on the cereal. Why do people do that? Well, sometimes a branded product is better. Sometimes it is more fashionable. Sometimes you trust its quality and consistency more than the unknown alternative. But sometimes, branding is an illusion. It is no more than the result of a successful corporate marketing strategy to induce customers to believe that not only is that brand the preferred choice, but it is so much preferred, that people will pay a hefty premium just for that brand name. We all succumb to this sometimes. I was once told that a soup manufacturer put four dif- ferent labels on its soup: premium soup, extra chunky, regular soup, and the store brand. All were priced dif- ferently, but it was the same soup. The manufacturer knew that some customers wanted to believe that they were buying the best, and were willing to pay more. Some were cost conscious and wanted the store brand. Some did not need the premium image, but didn’t want to feel they were cheapskates, so they bought the midrange product for the midrange price. v It was all a matter of branding and perception of value. But true value? No, there was only one grade of soup. The manufacturer positioned its product at all price levels, made different profits from different labels, but positioned itself to sell to the entire soup market. PCGS has done an excellent job of branding itself. It has done this by offering to cross over NGC or other coins to a PCGS holder. By marketing crossovers, PCGS has managed to remove most of the nice coins for grade from NGC holders and place them in PCGS holders, leaving the dogs in NGC holders. This is how PCGS has built its brand image for quality at the ex- pense of NGC. And cleverest of all, we all have paid PCGS grading fees for the privilege of enhancing then- brand image. Because they don’t cross them over the first time you submit them, we pay more than once. Ten years ago, PCGS stated that the crossover rate was 32%. I doubt it is that high today. The Registry is another branding initiative. PCGS won’t list your coins in its registry unless they are in PCGS plastic. Another incentive to move nice coins to PCGS holders. One thing about brands is that some are durable, and some are not. For a while, most young people wanted to wear Gap clothing. Then suddenly, a few years ago, adolescents wouldn’t be caught dead wearing Gap la- beled clothing. Nike running shoes were all the range once. Now New Balance is the hot brand of running shoe. Will the PCGS brand last? In 10 years, will a coin be worth more because it is in a PCGS holder? Maybe, but just as likely, maybe not. So do not be tempted to overpay for an average coin in a PCGS holder, and certainly not for a recent upgrade, which is now low end for its new higher grade. You may find yourself holding an ugly coin in a piece of plastic which has gone out of fashion. Instead, buy the coin. If it happens to be in a PCGS holder, all the better for now. But don’t count on the plastic to hold its value. Only the coin can do that. The Flying Eagle and Indian Cent Collectors Society 9 Civil War Tokens Struck On United States Small Cents by Chris Pilliod O ur States were hit hard by the rigors of the Civil War with our nation’s young men sent in large numbers to engage the enemy on bloody battle- grounds in Pennsylvania, Virginia and the deep South. Town squares in places like Gettysburg, Pennsylvania; Spottsylvania, Virginia; and Vicksburg, Mississippi still ring clear with enshrined names like Jedediah Mead, Cyrus Cooper, Ambrose Johnson... young men who Abraham Lincoln himself touted in Gettysburg as “these brave men who have consecrated this hallowed battle- ground far above our poor power to add or detract”. But the hardships of the war were felt in many ways beyond these hallowed battlegrounds. Virtually nowhere in North America could a civilian be in the 1 860’s and not be affected by our Civil War. Even for the numismatist, the economic impact of the war created interesting and novel coins and tokens. The nervous populace frightened by economic uncer- tainty began hoarding all coinage, eventually even the lowly cent. To mitigate this dearth, businesses creatively began having their own “coins” made in the form of tokens, redeemable for a monetary value, generally a cent. These are known by numismatists as Civil War Tokens or “C WT’s”. Despite being considerably thinner than the US copper-nickel cent of the time and intrin- sically not equal to a cent in metal value, these pieces quickly became a popular medium of exchange and in fact were an impetus for the government to change to the similar sized bronze cent in 1 864. All told, Civil War Token researchers and authors George and Melvin Fuld list over 10,000 different CWT varieties with approxi- mately 8500 “Store Card Tokens” (those tokens issued for specific merchants) and 2000 “Patriotics” (those emblazoned with a patriotic or peace theme). Despite the large number of extremely rare varieties that lure the collector, one of the most fascinating aspect of Civil War Tokens to many enthusiasts are those pro- duced on already struck Flying Eagle or Indian Cents. The reason for why they exist on already struck cents has been debated over the years by Token techies, but the most commonly accepted version is that contemporary collectors’ whims of the times was the reason. While we may not think of it in today’s world of eBay and internet auctions, a large number of serious coin and token collec- tors existed at the time of the Civil War, eagerly wanting to supplement their cabinet with a new issue or variety. The theory is that as their collections became ffustratingly more difficult to add new pieces to, they reached into their pockets and had their local diesinker strike a Civil War Token on a US issued cent. It has been speculated that even entire Indian cent rolls had been shipped to Michigan to produce tokens on Indian cents. Generally, Flying Eagle or Indian cents were chosen as they bore a similar diameter as the tokens being struck. But issues are also known struck on Seated dimes — one phenomenal example is a gem uncirculated Civil War Token struck on an 1 860-0 Seated dime, an issue virtually unknown in mint state. The overstruck Flying Eagles are almost always dated 1 858 and seem to be of the Small Letters variety, while the Indian cents (which are far more common than the Flying Eagle overstrikes) are generally dated 1862 or 1863. No specific date is common on the dime issues but they are mostly from the 1 850’s. US coins of larger denomination were too great in diameter to fit into the collar while the smaller issues such as the silver 3 -cent piece and Half Dime are not known to exist as overstruck tokens — pos- sibly because they are of too small of a diameter to exhibit the entire detail of the token. Some pieces exist on foreign coins, such as British and Mexican issues. In addition to these known varieties, two particularly interesting pieces are speculated to exist. One is a CWT purportedly struck on an 1856 Flying Eagle cent- — a great rarity in any grade as only 1000 1856 cents were minted. The second is a CWT rumored struck on a gold piece, probably a $2 Vi Quarter Eagle. Neither has been verified. Knowledgeable dealers of the Civil War tokens estimate total extant overstruck dimes at less than 100 while up- wards of 500 pieces exist for overstruck cents. To me it seems this ratio is off — I see far more overstruck cents than dimes, perhaps by 40 to 1 or more. Regardless, while not 10 Longacre’s Ledger that long ago these overstruck issues were considered an exonumismatic oddity, today the demand is extremely keen and prices have soared to reflect this sharp demand. Ten to fifteen years ago CWT’s on Indian cents went begging for $100 each. Today demand is solid near the $500 level and those on Flying Eagles bring considerably more than this. Most collectors today prefer those issues struck over Flying Eagle cents. The reasons for this are: 1 . They are much rarer than a regular Indian cent overstrike issue, and more eagerly sought out by the numismatist. Some authorities estimate less than 20 overstruck issues for Flying Eagles. 2. 1 prefer the aesthetics of the Flying Eagle design. 3. For some reason the Civil War Tokens struck on Flying Eagle cents show the original design of the cent more clearly. Many of the Indian cent overstrikes nearly obliterate the original design elements. An example of each is shown here. The first example is a “United Countiy” 399 B’ WAY, NY Fuld-630BB- 1 5do with reverse 1277 token issued over an 1858 Small Letters Flying Eagle cent. Because it is struck over a Flying Eagle cent with a great amount of remaining detail, of the eight Overstruck CWT’s I own this particular one is my favorite. It was struck obverse-to-reverse, with ”1858” visible at the far right edge of the oval on the reverse. This suggests that the cents were fed into the press in a random fashion to be overstruck as tokens. The second is an 1863 “J.F. Gardner” New York to- ken Fuld-630AA-ldo with the 1015 reverse. Of the six CWT’s on Indian cents I own, this one shows the greatest amount of underlying detail. One or two in my collection were nearly fully obliterated. It is listed as a R-9 rarity. It is overstruck obverse-on-obverse with an 1863 Indian cent (although CWT collectors refer to the bust side with the date as the reverse). The Indian cent was obviously of very high grade at the time of strike and the subsequent token shows little wear, grading choice mint state. The details of the original Indian cent are flattened but visible as shallow features much “United Country” 399 B’WAY, NY Fuld-630BB-15do with reverse 1277 token issued over an 1858 Small Letters Flying Eagle cent bears clear underlying detail of the cent design. The Flying Eagle and Indian Cent Collectors Society 11 like a clashed die, making photography difficult. The date from the Indian cent can be seen at the 1 1 O’clock area. Although difficult to see in the photo this token happened to be struck on a Indian cent which had two very large die cracks on the reverse. Additionally the following two points of interest can be learned from this study regarding the technical aspects of Civil War token issues. — Toughness is a technical term used by metallurgists to describe an metal’s resistance to fracture or failure (strength or hardness have an influence on toughness but by no means are the only factors affecting toughness). The dies used to strike tokens of this era were less tough than what the US Mint employed. Despite the lower pressures used, the large number of tokens exhibiting cuds and die breaks attest to this. Slop in the die setup and alignment also contributed to this. — The coining presses employed to strike these issues These issues represent not only an eye-appealing nu- operated with a bit less pressure than what the Mint used mismatic item but also a long past and exciting parcel contemporaneously. This can be inferred from the fact of this country’s history. that known double struck issues form the US mint (an Indian cent struck over a centered Indian cent) show less features of the original striking. 1863 “J.F. Gardner” New York token Fuld-630AA-ldo with the 1015 reverse is overstruck on an 1863 Indian cent. v The Fly-In Club Welcomes 2004’s New Members by Vem Sebby As an ongoing feature, we’d like to welcome our new members: Sponser Ronald A. Michigan website Bob B. Washington website Rick A. Georgia website Daniel B. Indiana John Guisinger Dennis H California Rick Snow Melvin L. Wyoming Gary S. Massachusetts website Chris H. Texas website David P. Ohio Rick Snow William S. Wisconsin website Bob D. Arizona website Tom K. Illinois Tony B. Florida Charmy Harker Thomas R. Kansas website Dave S. Michigan Coinage Wayne H. Virginia John Guisinger Ed L. North Carolina Frank Leone Robert E. Maryland Frank Leone Anthony D. Pennsylvania William F. New Jersey Phil H. Nevada Rick Snow Larry L. New Mexico Rick Snow Paul L. New Jersey website BobS. Pennsylvania Rick Snow Eric R. Colorado website Gerald D. Illinois Fred M. California Rick Snow Andrew C. California website Kent M. Iowa website Thank you for joining us. If any of you have an article or anecdote you’d like to share, please send it to our edi- tor, Frank Leone, PO Box 170, Glen Oaks, NY 11004. If you have any questions or comments about the club, please contact me, Vem Sebby at PO Box 162, LaFox, Illinois, 60147, or email, melva6906@prairienet.com Rick Snow Is now exclusively, “ICG’s Official Consultant for Flying Eagle & Indian Cent attributions” INDEPENDENT COIN GRADING COMPANY 7901 E. Belleview Ave. Suite 50 Englewood, CO 80111 ICG is now attributing, upon request, all Flying Eagle and Indian Cents with “Snow” vari- ety numbers. Simply submit your coins on an ICG submission form and in the variety column print “Snow Number” Need more information? Need a free ICG submission kit? Contact James Taylor at ICG. (877) 221-4424 X203 jamestaylor@icgcoin. com www. icgcoin. com 14 Longacre’s Ledger A Scary Introduction to the Hobby by Chris Pilliod T t was another hot windless day on Blue Marsh Lake I near our home in Pennsylvania. A tough day for fish JLing, real tough. Regardless, my young boys patiently waited for the big one to hit while sweat gathered inside the brow of their little caps. 20 feet away I stood silently, making yet another cast with yet another lure. . . and reel- ing it in empty yet again. As I tilted my head to clean of the effects of the afternoon I suddenly was overcome by an epiphany. Had I been younger I might have yelled, but I quietly turned to my red-faced tikes and calmly said, “Remind me to shave your Uncle Dave’s head when we get back to Ohio.” “What are you talking about? 'Why??” they quickly quizzed. “Nothing, just something that happened when we were kids.” “Tell us. Daddy, tell us.” “Another time,” I replied softly. As I stood on the banks fruitlessly casting away my mind recounted that wicked event from 1 967, and yes, even though it had taken unti 1 now to solve, it was true. . . my brother was an accom- plice with my Dad in my attempted premature demise. And there are no Statute of Limitations on conspiracies by brothers. No sir, no way, no how. . . My brother, being older, had first choice. He took the one on the right; I got stuck with the twin bed back in the recess of the room. And there every night we 'cl wait for our Dad to grant us a token tiding for the evening. But I’ll never forget one night in the fall of my fifth-grade year when instead of a quick goodnight wish, he switched the bedlamp on and turned to me and asked, “Son, do you know what it means to be a Pilliod?” “No,” I stammered. And thus began his odyssey. “You come from a great lineage of numismatists, son.” “What’s a numismatist?” I wondered out loud. “A coin collector,” my Dad replied. “Your Great-Great Grandfather Xavier left his older brother who was afraid of Indians and emigrated from France in 1826, bringing with him many of the great technologies of the Paris Mint. After he helped usher the Philadelphia Mint into the modem age, he settled here in Northwest Ohio to become a famous lawyer. His name would be known all the way to the state of Indiana and up into the Michigan territories. He did so much pro bono work for the fanners they etched his name on top of the County Courthouse over in Wauseon. Remind me to show you the next time we’re over there.” “Wow”, I replied. Then my brother peeked out of his blankets, “How’d he die?” he asked. Turning to me solemnly Dad answered, “Consumption”. “And did you know’’, he continued, “that his second son, your Great Grandfather Frederick was a great numismatist? He once wrote James B. Longacre a nice letter about his designs and in return was mailed a gift of a Gem Proof 3-cent nickel inside the designer’s personally signed stationery. He went on to assemble a stunning set of 1 9th Century Type coins, but his older brother spent one of his Barber dimes on an ice cream cone. In the meantime he and A.D. Baker started the Baker Steam Engine Company here in Swanton — best steam engine money could buy. 1 7 patents between the two of them. Why, even Henry Ford was a guest at your grandfather’s house while he came to study something called ‘mass production’ ”. “Whew, that’s impressive” I whispered. But my brother interrupted again, “How did he die?” Now agitated, I turned to him and said, “What’s it matter, Dave?” “It’s OK,” my father said to me calmly. “He died from consumption.” Then he continued, “And did you know that his second son, your Uncle Harry, was a World The Flying Eagle and Indian Cent Collectors Society 15 War I hero?” “Yeah, Dad, don’t you remember how he always squeezed into his uniform to march in the town parade on the Fourth of July? And at his funeral a couple years ago they buried him in it.” “That’s right, son. It was at the Battle of Belleau Woods where your uncle threw himself on top of a grenade to save his buddies. Fortunately for your Uncle Harry. . . it was a dud. But then at the Battle of Chateau Thierry, he took a piece of shrapnel to the head and they had to put a steel plate inside his skull. For his bravery he received a Purple Heart and a Croix de Guerre. Since Harry never had children I was given his wonderful collection of European Gold coinage. And someday they will be yours and your brother’s.” Once again my brother inquired into his cause of death. “Dave,” I said agitated, “the steel plate rusted out.” “No,” corrected Dad, “consumption got Uncle Harry.” And not even knowing what it was, I looked at my Dad and nervously nodded my head in agreement. “Yeah, it had to be consumption. . . ’cause he sure didn’t look too good in that coffin.” “You’re right! Now get to sleep,” Dad commanded as he turned off the light, “you’ve got school tomorrow.” And in the darkness he left behind a fifth-grader that sud- denly had more life to ponder than a fifth-grader ought. “Gosh,” I thought to myself, “how can I be a lawyer if I don’t even know what ‘pro bono’ means. And ‘mass production’ of automobiles — Dad doesn’t even le\ me start up the family station wagon. And I sure as heck don’t want to be a war hero if it means getting a steel plate in my head. The only thing that sounds good about all this stuff is the coins.” But as I laid there deep in rumination one thing started taking on heightened relevance... “Just what is this ‘consumption’ thing? And why does it seem to single out the second bom?” I lay there squirming when suddenly a sharp anxiety attack seized me and before my brother could scream, “Just what the hell are you doing?” tire lights were back on in the room and the dictionary was racing to the letter ‘C’. “Let’s see... ‘Christianity’. . . ‘Commandments’... maybe later. OK, here it is,” I yelled out loud, “‘Consumption’, a noun, an arcane word used to describe any acute gen- eral malaise.’ Dave, what the heck does that mean?” And I thought I heard him say he didn’t know but all I really made out was giggling under his covers. “Fll figure it out myself,” I groused and off to the “A’s’ I zoomed. After I pieced everything together I came up with it. “Consumption, a noun, an old-fashioned word used to describe any sickness characterized by a with- ering away, with symptoms of a weakening appetite, weight loss and fatigue.” “Whew,” I said to my brother smiling. “I don’t have that stuff — I just polished off a big bowl of Cap’n Crunch.” But the next day at recess a ball thrown to me mysteri- ously slipped through my hands. When I got back to the huddle Timmy Lambert, our quarterback, quizzed me, “Chris, are you alright? You always catch those and run ‘em in for touchdowns.” “Sure I’m okay — why?” “ I dunno,” he hesitated while he stared at me. . . “It just looks like you’re suffering from acute general malaise.” My eyes popped open and I stood up in the huddle, feeling my forehead. And then when we went back in for lunch I couldn’t finish my peanut butter- and-jelly sandwich. I always finished my peanut butter-and-jelly sandwich. After school let out at 3 o’clock I hopped on my Schwinn Typhoon but it felt like someone let the air out of the tires; I barely made it home. I trudged in and asked Ma when Dad would be home. “‘It’ll be late,” she said, “he has bowling league tonight.” I made a slow death march to my bed to wither away. At ten o’clock a shadowy figure entered the room, “You boys still up?” “Dad,” I said weakly as he walked over. Slowly I broke the news, “Dad, consumption’s got another Pilliod.” 16 Longacre’s Ledger “Really?” he replied putting his hand on my forehead. “Do you have the general malaise?” “Dad, I got the worst case of mayonnaise you’ll ever see.” “Did you ask your mother for the Family Medical Encyclopedia?” “It’s no use. Dad. I’m a goner.” “Hold on.” A minute later he walked back in carrying the medical tome. When he opened it to the letter ‘C’ a document fell out whose letterhead I recognized. “Dad, this is from Doc Cosgrove — he’s my doc- tor.” “Yes, and he is also the person who discovered the cure for consumption shortly after your Uncle Harry died. He wrote it all down here. Read it.” I poured through it with the desire of a young ras- cal preparing to meet the Great Redeemer. “Wait, Dad,” I noted, “it says here there are three kinds of consumption. Which type is mine?” “You have Type Three.” I zoomed down to Type Three. “Geez,” I thought to myself, “they even named it after us . . . ‘Consump- tionitis Pilliodis’”. “It says here, Dad, the cure is to drink one large glass of milk between the hours of 1 0 and 1 1 p.m., quickly followed by three large chocolate chip cookies.” “Well,” he quizzed, “what are you waitin’ on?” I made a beeline to the kitchen and shimmied up to the table as Dad filled my prescription. As I took a sip of milk my eyes noticed a shiny reflection next to my bowl. “Wow,” I said in amazement. A nice red 1 907 Indian cent lay on top of an empty blue Whitman folder. “What about me?” my brother yelled, poking his head into the room. “No, no, no,” Dad cautioned, “this is only for the second-born.” Then Dad turned to me and smiled, and that was the night I not only conquered death but also became an avid Indian Cent collector. * The Flying Eagle and Indian Cent Collectors Society 17 1 863 Indian Cent “Lightening Shower” Variety by Chris Pilliod T he copper-nickel cents minted from 1857 through 1864 were notoriously difficult to strike due to its alloy composition. Nickel is an ele- ment when added to pure copper increases its yield strength and cold-working properties. As a result, to crisply strike up the details on a copper-nickel cent, the presses were set at higher tonnages. During these years, breakage was a source of constant frustration for diemakers at the Mint. No year exemplifies this better than 1863. Finding mint state examples of an 1863 cent without a die crack (a non-proof issue) is a true challenge. Over 40 different 1 863 dies are known which exhibit full die fractures, or “cuds” as they are known to col- lectors. Probably because of its design, the reverse dies showed a much greater propensity for cracking. Significant die cracks and cuds on the obverse are rarely encountered. One of the more interesting examples is the “Lighten- ing Shower” variety from this year. This variety may be found in a progression of die states as the cracks initiate and progresses until the they take on the appearance of a lightening shower. A progression of four examples is shown here, with Stage I being the earliest and Stage IV being the latest die state. Stage I. A single crack appears on the reverse at 10 o’clock and progresses until it ends at the “O” of “ONE”. 18 Longacre’s Ledger Stage II. A second crack forms at 12 o’clock and runs along the edge of the right shield. Into the wreath. Stage III. This second crack contin- ues to grow as a small branch sprouts and connects to the rim at 2 o’clock. And the main crack progresses and joins the rim at 4 o’clock. In addition, two smaller cracks appear — one at 8 o’clock and another at 10:30 on the reverse. Stage IV. This is the latest die state known. Now the cracks have grown and show as wide fissures in the die. The cracks at 10 oclock and 10:30 have con- nected. It is possible the die may have been retired at this point as significant searching has yet to reveal a later state. The Flying Eagle and Indian Cent Collectors Society 19 Whatizzit, Anyway? by Chris Pilliod I n a recent President’s letter, I wrote about a visit I had with a good friend Larry Rausch. He has as sembled a nice Indian cent collection over the years with a focus on errors. This column features an interesting V-nickel piece struck on an Indian cent blank coupled with a question associated with it. Throughout the history of the Mint coins are known to be found struck on “wrong planchets”. This occurs when a blank intended for another denomination is placed into a tub of different blanks. I have always imagined in my mind a night janitor sweeping up the floor and tossing a handful of cent blanks into the nickel tote bin. Multiple choice answers follow with only one being the correct response. The first person to email or call the coirect answer to Vem Sebby (as well as the first person to respond by mail — detennined by date of postmark) to this issue’s quiz will receive $ 5.00 off their annual renewal to the Club So here’s the Whatizzit. This coin is a V-nickel struck on an Indian cent. But Indian cents are also known to be struck on other blanks. Which blanks are they known to be struck on? a. Various foreign denominations. b. Seated Half Dimes. c. Twenty Cent Pieces. d. $2 14 Gold Pieces. e. Barber Dimes. f. All the above. g. All the above except for the Twenty Cent Piece. E-mail your answer to our Secretary, Vern Sebby at:melva6906@prairienet.com 1907 V-nickel struck on an Indian cent blank from the Larry Rausch collection. 20 Longacre’s Ledger 2004 Fly-In Club Pricing Guide by Richard Snow In the past 5 issues I presented a grading guide for Indian cents with current market pricing. Now as a recurring fea- ture, I will present a market update and current prices observed in the marketplace. I have included pricing for the ail dates of Flying Eagle and Indian Cents, the design changes and major varieties. The Phoenix collection, was sold by Bowers and Merena Lot Description Price 23 1859 MS-66 (PCGS) $8,050.00 24 1860 Pointed Bust. MS-64 (PCGS) $2,530.00 27 1861 MS-66 (PCGS) $2,185.00 28 1862 MS-66 (PCGS) $2,243.00 29 1863 MS-66 (PCGS) $2,300.00 38 1867 MS-64 RD (PCGS) . $2,990.00 39 1 868 Snow-8. MS-66 RD (PCGS) $41,400.00 4 1 1 869/69 Snow-3. MS-66 RD (PCGS) $29,900.00 51 1875 MS-65 RB (PCGS) $1,955.00 52 1 876 MS-64 RD (PCGS) $ 1 ,265.00 53 1 877 MS-64 RB (NGC) $5,463.00 54 1878 MS-65 RD (PCGS) $2,645.00 55 1879 MS-65 RD (NGC) $1,093.00 56 1880 MS-66 RD (NGC) $5,290.00 58 1881 MS-66 RD (PCGS) $3,105.00 59 1881 MS-65 RD (PCGS) $1,093.00 64 1884 MS-66 RD (PCGS) $6,325.00 65 1884 MS-65 RD (NGC) $1,035.00 68 1886 Type 2. MS-65 RB (PCGS) $4,600.00 69 1887 MS-65 RD (PCGS) $978.00 Lot Description Price Galleries prior to the ANA show in Pittsburgh. The sale was named 'The Rarities Sale” and took place on August 14, 2004. The highlights include the following: 71 1889 MS-66 RD (PCGS) $12,650.00 73 1891 MS-66 RD (PCGS) $8,625.00 74 1891 MS-65 RD (PCGS) $1,438.00 75 1 892 MS-66 RD (PCGS) $2,530.00 77 1894 MS-66 RD (PCGS) $4,830.00 80 1894/94 Snow-1. FS-011. MS-64 RD (NGC). $2,875.00 81 1895 MS-66 RD (PCGS) $4,600.00 82 1896 MS-66 RD (PCGS) $5,290.00 84 1 897 MS-65 RD (PCGS) $2,530.00 85 1898 MS-67 RD (PCGS) $12,650.00 86 1899 MS-66 RD (PCGS) $1,840.00 87 1900 MS-66 RD (PCGS) $2,530.00 88 1901 MS-66 RD (NGC) $1,265.00 89 1902 MS-66 RD (PCGS) $1,495.00 90 1903 MS-67 RD (NGC) $3,680.00 97 1 908-S Snow-2. MS-65 RD (PCGS) $2,070.00 100 1909-S MS-65 RB (PCGS) $3,335.00 110 1866 Proof-65 RD Cameo (PCGS) $5,463.00 128 1897 Proof-68 RD Cameo (PCGS) $34,500.00 129 1899 Proof-67 RD Cameo (PCGS) $13,800.00 Dr. Tim Larson collection sold. The Tim Larson collection, known as LakeSamm Col- lection on the PCGS registry; is listed as “the Number One Finest Set of All Time” in the Indian Cent with varieties category. This honor was bestowed in 2003 and 2004. His regular (non-variety) registry is listed as fifth all-time best, but this is only because Tim opted to include a stunning MS66RB 1 877 instead of a full red one. Also, this is a collection formed over many years with a discerning eye for eye appeal and quality as well as top grade on the holder. Beauty is not a quantifiable number. This collection is simply beautiful. The collection contains all the top varieties popularly collected in the series. All will carry the illustrious “Larson Col- lection” far into the future. The ultra rare 1888/7 is the finest graded, as is the 1873 Double LIBERTY, 1866 Doubled LIB- ERTY, 1 864 No L Doubled LIBERTY, 1 894/94, 1 867/67 as are many others. The 1873 Closed 3 and 1886 Type 2 are the finest known, pop 1 1 The super coins in this collection seem endless. Also included in this collection are patterns (some of which may be offered in the future) including the ultra rare 1856 with the Ornamented Wreath reverse, J-184, again the finest graded. Pop. 1. Three other 1856 Flying Eagles are included - Snow 1, Snow-3 and Snow 4 die pairs. These are the three main design combinations: Tilted ONE CENT reverse (S-l), High Leaves (S-3) and Low Leaves (S-4). The highly cov- eted Snow-3 is a top quality example in the true MS holder (PCGS and NGC no longer put any 1856 in a MS holder). Additionally, both 1858/7 overdates are included! The Snow- 1 is a gem and the ultra rare Snow-7 is finest known. This collection was submitted to Whitman Pub- lishing to be used as the plate examples in their upcoming “Official Red Book of Indian and Flying Eagle Cent” by Rick Snow. Tim was helpful in the editing of the manuscript as well. In the March 2004 edition of Longacre’s Ledger, Tim answered my call for someone to actually finish a full set of Flying Eagle and Indian Cents including all the design changes, 1856, 1858 LL and SL with both the high leaf and low leaf reverses, 1870 1871 and 1872 with both the bold and shallow N reverses. Tim was the only collector to offer a “complete” collection. However this collection goes even farther than that with the inclusion of the patterns and major varieties. This will be a collection remembered for genera- tions to come. At press time the collection was being sold through Eagle Eye Rare Coins (see www.indiancent.com) The record prices will be reported in future editions of Longacre's Ledger. The Flying Eagle and Indian Cent Collectors Society 21 G-4 VC-8 F-12 VF-20 VF-30 XF-40 XF-45 1857 Obv. "56 $35 $40 $50 1857 Obv. "56 $75 $125 $175 $200 1857 $25 $30 $40 1857 $50 $75 $135 $150 1858/7 (S-l Early die state) $75 $100 $200 1858/7 (S-l Early die state) $400 $550 $800 $1,250 1858 Large let. / High Leaves $25 $30 $40 1858 Large let / High Leaves $50 $75 $135 $150 1858 Large let. / Low leaves $25 $30 $40 1858 Large let. / Low' leaves $50 $75 $135 $150 1858 Small let. / High leaves to $35 $50 1858 Small let. / High leaves $65 $100 $160 $180 1858 Small let. / Low leaves $25 $30 $40 1858 Small let. / Low leaves $50 $75 $135 $150 1859 $12 $15 $18 1859 $45 $60 $95 $110 1859/1859 (S-l) $45 $55 $75 1859/1859 (S-l) $250 $350 $750 $1,250 1860 Type 1 $12 $15 $20 I860 Type 1 $50 $65 $100 $125 1860 Type 2 $8 $10 $13 1860 Type 2 $20 $25 $40 $55 1861 $18 $25 $35 1861 $50 $65 $95 $110 1862 $8 $10 $12 1862 $15 $18 $28 $35 1863 $8 $10 $12 1863 $15 $18 $28 $35 1864 CN $15 $20 $30 1864 CN $40 $50 $65 $75 1864 No L .<..$7 $12 $19 1864 NoL $30 $35 $45 $50 1864 With L. $55 $65 $100 1864 With L $125 $135 $175 $185 1865 Fancy 5 $7 $12 $18 1865 Fancy 5 $25 $30 $35 $40 1865 Plain 5 $7 $12 $20 1865 Plain 5 $25 $30 $35 $45 1866 $40 $45 $60 1866 $100 $125 $175 $200 1867 $40 $45 $60 1867 $100 $125 $175 $200 1867/67 (S-l) $60 $75 $100 1867/67 (S-l) $250 $275 $350 $400 1868 $40 $45 $60 1868 $100 $125 $175 $200 1869 $75 $100 $180 1869 $220 $240 $275 $300 1869/69 (S-3) $100 $125 $200 1869/69 (S-3) $250 $275 $325 $350 1870 AU Rev. types $50 $70 $170 1870 All Rev. types $200 $225 $285 $320 1871 Shallow N $100 $125 $300 1871 Shallow N $365 $400 $450 $485 1871 Bold N $60 $80 $200 1871 Bold N $285 $325 $375 $400 1872 Shallow N $125 $150 $350 1872 Shallow N $400 $450 $500 $575 1872 Bold N $75 $90 $275 1872 Bold N $325 $375 $425 $450 1873 Closed 3 $25 $35 $50 1873 Closed 3 $150 $175 $225 $250 1873 Obi LIB (S-l) $100 $250 $800 1873 Dbl LIB (S-l) $2,000 $2,500 $3,000 $3,750 1873 Open 3 $20 $28 $40 1873 Open 3 $45 $60 $125 $135 1874 $15 $18 $35 1874 $45 $55 $85 $100 1875 $15 $18 $35 1875 $45 $55 $85 $100 1876 $28 $35 $45 1876 $55 $75 $125 $135 1877 Shallow N $6^5 $750 $1,250 1877 Shallow N $1,500 SI, 750 $2,000 o o lO c-l 1878 $25 $35 $50 1878 $75 $85 $125 $135 1879 $6 $10 $14 1879 $30 $40 $60 $65 1880 $4 $5 $6 1880 $10 $15 $25 $30 1881 S4 $5 $6 1881 $7 S10 $18 $23 1882 $4 $5 $6 1882 $7 $10 $18 $23 1883 $4 $5 $6 1883 $7 $10 S18 $23 1884 $4 $5 $7 1884 $10 $15 $25 $30 1885 $6 $7 $12 1885 $23 $30 $50 $60 1 886 Type 1 $5 $6 $15 1886 Type 1 $45 $65 $95 $110 1886 Type 2 $6 $10 $20 1886 Type 2 $50 $80 $125 $135 1887 $2 $3 $4 1887 $6 $10 $15 $17 1888 .$2 $3 $4 1888 $6 $10 $15 $17 1888/7 (S-l) .... $ 1 ..750 $2,000 $3,500 1888/7 (S-l) $8,500 $9,500 $10,000 $12,500 1889 $2 $2 $3 1889 $5 $7 $12 $15 1890 $2 $2 $3 1890 $5 $7 $12 $15 1891 $2 $2 $3 1891 $5 $7 $12 $15 1 m DDO (S-l) $40 $50 $75 mi DDO (S-l) $150 $200 $300 $375 1891/1891 (S-3) $8 $10 $20 1891/1891 (S-3) $75 $125 $250 $325 1892 $2 $2 $3 1892 $5 $7 $12 $15 1893 $2 $2 $3 1893 $5 $7 $12 $15 1894 $3 $4 $7 1894 $9 $9 $30 $35 1894/94 (S-l) $35 $55 $80 V 1894/94 (S-l) $120 $145 $200 $225 1895 $2 $2 $3 1895 $4 $6 $12 $15 1896 $2 $2 $3 1896 $4 $6 $12 $15 1897 $2 $2 $3 1897 $4 $6 $12 $15 1897 t in Neck (S-l) $20 $25 $50 1897 1 in Neck (S-l) $125 $225 $400 $500 1898 $2 $2 $3 1898 $4 $6 $12 $15 1899 $2 $2 $3 1899 $4 $6 $12 $15 1900 $2 $2 $3 1900 $3 $4 $7 $12 1901 $2 $2 $3 1901 $3 $4 $7 $12 1902 $2 $2 $3 1902 $3 $4 $7 $12 1903 $2 $2 $3 1903 $3 $4 $7 $12 1904 $2 $2 $3 1904 S3 $4 $7 $12 1905 $2 $2 $3 1905 $3 $4 $7 $12 1906 $2 $2 $3 1906 $3 $4 $7 $12 1907 $2 $2 $3 1907 $3 $4 $7 $12 1908 $2 $2 $3 1908 $3 $4 $7 $12 1908 S $60 $70 $85 1908 S $100 $125 $150 $160 1908 S/S (S-l) $100 $125 $150 1908 S/S (S-l) $200 $250 $300 $350 1909.... $3 $3 $4 1909 $5 $6 $9 $15 1909 S $300 $325 $350 1909 S $375 $400 $450 $475 22 Longacre’s Ledger AU-50 AU-53 AU-55 AU-58 (1864-1909 BN) MS-60 MS-63 1857 Obv. 4 56 S 3 00 $325 $375 $450 1857 Obv. ‘56 $450 $1,000 1857 S 200 $225 $275 $300 1857 $300 $800 1858/7 (S-l Early die state) SI , 600 $2,000 $2,750 $3,500 1858/7 (S-l Early die state) $3,500 $10,000 1858 Large leL / High Leaves $200 $225 $275 $300 1858 Large let. / High Leaves $300 $800 1858 Large leL / Low leaves $200 $225 $275 $300 1858 Large let. / Low' leaves $300 $800 1858 Small let. / High leaves $240 $260 $300 $350 1858 Small let. / High leaves $350 $950 1858 Small let. / Low leaves $200 $225 $275 $325 1858 Small let. / Low leaves $325 $900 1859 $175 $185 $200 $225 1859 $225 $450 1859/1859 (S-l) $1,750 $1,850 $2,000 $2,500 1859/1859 (S-l) $2,500 $4,000 1860 Type 1 $160 $175 $185 $225 1 860 Type 1 $225 $650 1860 Type 2 $85 $95 $110 $150 1860 Type 2 $150 $175 1861 $150 $165 $175 $190 mi $190 $225 1862 $55 $65 $75 $95 1862 $95 $160 1863 $55 $65 $75 $95 1863 $95 $160 1864 CN $85 $95 $110 $130 1864 CN $130 $180 MS-63RB 1864 No L $65 $75 $85 $100 1864 No L $100 $115 $125 1864 With L $225 $240 $260 $290 1864 With L $290 $425 $500 1865 Fancy 5 $50 $60 $75 $95 1865 Fancy 5 $95 $110 $130 1865 Plain 5 $65 $75 $85 $100 1865 Plain 5 $100 $135 $150 1866 $225 $240 $270 $320 1866 $320 $340 $375 1867 S 225 $240 $270 $320 1867 $320 $340 $375 1867/67 (S-l) S 550 $575 $600 $700 1867/67 (S-l) $725 $800 $850 1868 S 225 $240 $275 $320 1868 $320 $360 $375 1869 S 340 $365 $375 $425 1869 $500 S 550 $575 1869/69 (S-3) S 450 $475 $515 $550 1869/69 (S-3) $600 $700 $800 1870 AH Rev. types S 375 $400 $425 $450 1870 All Rev, types $450 $500 $550 1873 Shallow N $515 $540 $575 $625 1871 Shallow N $625 $825 $850 1871 Bold N S 425 $450 $475 $525 1871 Bold N $525 $625 $700 1872 Shallow N $650 $680 $725 $800 1872 Shallow N $800 $1,100 $1,250 1872 Bold N $475 $500 $530 $600 1872 Bold N $650 $850 $950 1873 Closed 3 $300 $330 $365 $400 1873 Closed 3 $400 $525 $600 1873 Dbl LIB (S-l) $5,000 $6,000 $7,000 $8,500 1873 Dbl LIB (S-l) $8,500 $11,000 $12,500 1873 Open 3 SJ 75 $190 $210 $250 1873 Open 3 $250 S 275 $285 1874 S 125 $140 $160 $200 1874 $175 $210 $225 1875 S 1 25 $140 $160 $200 1875 $175 $210 $225 1876 S 200 $225 $240 $275 1876 $275 $300 $350 1877 Shallow N $2,750 $2,950 $3,200 $3,500 1877 Shallow N $3,500 $4,000 $4,500 1878 $200 $225 $250 $300 1878 $300 $330 $350 1879 $80 $95 $110 $120 1879 $120 $135 $150 1880 $50 $60 $75 $85 1880 $85 $100 $110 1881 $28 $32 $40 $50 1881 $50 $75 $85 1882 $28 $32 $40 $50 1882 $50 $75 $85 18 S3 $28 $32 $40 $50 1883 $50 $75 $85 1884 $35 $43 $50 $60 1884 $60 $80 $90 1885 $70 $85 $100 $120 1885 $120 $160 $175 1886 Type 1 $125 $140 $150 $170 1886 Type 1 $170 $200 $225 1886 Type 2 $150 $170 $200 $225 1886 Type 2 $225 $400 $450 1887 $25 $30 $35 $50 1887 $50 $65 $75 1888 $25 $30 $35 $50 1888 $70 $100 $125 1888/7 (S-l) $15,000 $16,000 $17,000 $20,000 1888/7 (S-l) $20,000 $22,500 $25,000 1889 $25 $30 $35 $50 1889 $50 $65 $75 3 890 $25 $30 $35 $45 1890 $45 $65 $75 1891 $25 $30 $35 $45 1891 $45 $65 $75 1891 DDO (S-l) $425 $450 $500 $550 1891 DDO (S-l) $550 $1,100 $1,500 1891/1891 (S-3) $400 $425 $500 $550 1891/1891 (S-3) $550 $700 $850 1892 $25 $30 $35 $45 1892 $45 $65 $75 1893 $25 $30 $35 $45 1893 $45 $65 $75 1894 $45 $55 $65 $75 1894 $75 $65 $75 1894/94 (S-3) $300 $325 $350 $375 1894/94 (S-l) $450 $700 $850 1895 $23 $25 $30 $35 1895 $35 $50 $60 1896 $23 $25 $30 $35 1896 $35 $50 $60 1897 $23 $25 $30 $35 1897 $35 $50 $60 1897 1 in Neck (S-l) $750 $800 $850 $925 1897 1 in Neck (S-l) $925 $1,300 $1,500 1898 $23 $25 $30 $35 1898 $35 $45 $50 1899 $23 $25 $30 $35 1899 $35 $45 $50 1900 $18 S 20 $25 $30 1900 $30 $40 $45 1901 $18 $20 $25 $30 1901 $30 $40 $45 1902 $18 $20 $25 $30 1902 $30 $40 $45 1903 $18 $20 $25 $30 1903 $30 $40 $45 1904 $18 $20 $25 $30 1904 $30 $40 $45 1905 $18 $20 $25 $30 1905 $30 $40 $45 1906 $18 $20 $25 $30 1906 $30 $40 $45 1907 $18 $20 $25 $30 1907 $30 $40 $45 1908 $18 $20 $25 $30 1908 $30 $40 $45 1908 S $175 $200 $225 $275 1908 S $275 $350 $375 1908 S/S (S-l) $400 $425 $450 $500 1908 S/S (S-l) $500 $650 $700 1909 $18 $20 $25 $30 1909 $30 $40 $45 1909 S $550 $575 $600 $650 1909 S $650 $750 $800 The Flying Eagle and Indian Cent Collectors Society 23 (1864-1909 RB) MS-64 MS-65 MS66 1857 Obv. ‘56 $2,250 $5,500 $20,000 1857 $1,400 $3,500 $15,000 1858/7 (S-l Early die state) $25,000 $80,000 1858 Large let. / High Leaves $1,500 $3,750 $15,000 1858 Large let / Low leaves $1,500 $3,750 $15,000 1858 Small let. / High leaves $1,600 $4,000 $15,000 1858 Small let. / Low leaves $1,600 $4,000 $15,000 1859 $1,000 $3,000 $9,000 1859/1859 (S-l) $6,000 $12,500 1860 Type 1 $2,500 $4,000 $8,000 1860 Type 2 $350 $1,000 $2,750 1861 $350 $1,000 $2,750 1862 $325 $950 $2,750 1863 $325 $950 $2,750 1864 CN $400 $1,350 $5,500 MS-64 RD MS-65RJD MS66RD 1864 NoL $200 $325 $650 1864 NoL $450 $1,000 $3,000 1864 With L $750 $1,500 $3,500 1864 With L $2,250 $5,500 $30,000 1865 Fancy 5 $200 $450 $800 1865 Fancy 5 $450 $2,500 $10,000 1865 Plain 5 $250 $550 $1,200 1865 Plain 5 $600 $3,000 $21,000 1866 $700 $1,250 $2,500 1866 $3,000 $12,500 $25,000 1867 $700 $1,250 $2,500 1867 $2,750 $12,500 1867/67 (S-l) $1,500 $3,000 ■ — — 1867/67 (S-l) $15,000 ___ 1868 $700 $1,100 $3,000 1868 $2,000 $5,500 $25,000 1869 $950 $1,500 $3,000 1869 $2,500 $7,000 $25,000 1869/69 (S-3) $1,250 $1,750 _ 1869/69 (S-3) $3,000 $7,500 $27,500 1870 All Rev. types $800 $1,350 $3,000 1870 AO Rev. types $2,000 $5,500 $20,000 1871 Shallow N $1,500 $4,500 — — 1871 Shallow N 1871 Bold N $1,250 $3,750 — ™ 1871 Bold N $4,500 $22,500 1872 Shallow N $2,500 $6,500 1872 Shallow N $17,500 , 1872 Bold N $1,750 $4,250 $15,000 1872 Bold N $7,500 $35,000 1873 Closed 3 $1,250 $3,000 $7,000 1873 Closed 3 $4,500 $12,500 $30,000 1873 Dbl LIB (S-l) $25,000 $75,000 ---------- 1873 Dbl LIB (S-l) $80,000 1873 Open 3 $500 $1,350 $2,000 1873 Open 3 $2,500 $10,000 1874 $375 $750 $3,000 1874 $2,000 $5,000 $8,500 1875 $375 $900 $2,000 1875 $2,000 $5,000 $7,500 1876 $500 $1,250 $2,500 1876 $2,000 $6,000 $11,000 1877 Shallow N $6,000 $10,000 $17,500 1877 Shallow N $10,000 $30,000 $85,000 1878 $475 $900 $1,750 1878 $1,250 $2,750 $6,000 1879 $200 $400 $850 1879 $500 $1,250 $3,750 1880 $175 $350 $600 1880 $400 $1,100 $3,750 1881 $175 $350 $600 1881 $350 $1,100 S 3, 750 1882 $175 $350 $600 1882 $350 $1,100 $3,750 1883 $175 $350 $600 1883 $350 $1,100 $3,750 1884 $200 $450 $750 1884 $650 $2,250 $5,000 1885 $325 $700 $1,250 1885 $750 $2,500 $5,500 1886 Type 1 $450 $1,250 $2,000 1886 Type 1 $1,250 S 4,500 $8,500 1886 Type 2 $uoo $4,000 — _ 3886 Type 2 $6,000 $22,500 $60,000 1887 $175 $400 $800 1887 $350 $1,100 $6,000 1888 $300 $950 $2,500 1888 $1,000 $3,750 $10,000 1888/7 (S-l) $85,000 — 1888/7 (S-l) — — 1889 $175 $400 $850 1889 $700 $3,500 $7,500 1890 $175 $400 $850 1890 $650 $1,400 $4,500 1891 $175 $400 $850 1891 $450 $1,250 $4,500 1891 DDO (S-l) $3,000 1891 DDO (S-l) 1891/1891 (S-3) $1,500 — „ 1891/1891 (S-3) — — 1892 $175 $400 $850 1892 $450 $1,250 $4,500 1893 $175 $350 $800 1893 $350 $850 $4,500 1894 $200 $375 $800 v 1894 $375 $850 $5,000 1894/94 (S-l) $2,500 $5,000 — 1894/94 (S-l) $6,500 $15,000 1895 $115 $250 $450 ' 1895 $300 $750 $3,000 1896 $115 $250 $450 1896 $300 $950 $3,000 1897 $115 $250 $450 1897 $300 $700 $2,500 18971 in Neck (S-l) $2,500 — — 1897 1 in Neck (S-l) — _ — 1898 $115 $200 $450 1898 $250 $600 $2,000 1899 $90 $175 $350 1899 $225 $500 $1,750 1900 $90 $175 $350 1900 $250 $800 $2,500 1901 $90 $175 $350 1901 $225 $500 $2,000 1902 $90 $175 $350 1902 $225 $600 $1,750 1903 $90 $175 $350 1903 $225 $500 $1,750 1904 $90 $175 $350 1904 $225 $500 $1,750 1905 $90 $175 $350 1905 $225 $600 $2,000 1906 $90 $175 $350 1906 $225 $500 $2,500 1907 $90 $175 $350 1907 $225 $500 $2,000 1908 $90 $175 $350 1908 $225 $500 $1,750 1908 S $500 $600 $1,000 1908 S $1,250 $3,000 $8,000 1908 S/S (S-l) $1,250 — — 1908 S/S (S-l) ~— 1909 $90 $175 $350 1909 $225 $500 $1,750 1909 S $1,000 $1,750 $3,000 1909 S $2,500 $5,000 $17,500 24 Longacre’s Ledger How to submit coins for attribution What should be submitted: Any premium value variety which is has not been previously listed in the Flying Eagle and Indian Cent Attribution Guide. Any overdate, doubled die, repunched date, die anomaly (if if s dramatic enough to ensure collectability) and misplaced digit (provided it is dramatic enough) should be submitted. How to submit a coin for attribution: There is no limit on submissions. All coins should be sent to Fly-In Club Attributor, Rick Snow, RO. Box 65645, Tucson, AZ 85728 All coins should be sent with a listing of the coins, their insurance value, and a return address and phone number. How much does it cost?: Please include $4 per coin, plus return postage. All coin will be returned via the U.S. Post Of- fice by registered and insured postage. Their cost is $8 plus $ 1 for every $ 1 ,000 in insured value. What will l get?: All new listings will be added to fu- ture editions of the Flying Eagle and Indian Cent book by Rick Snow. New varieties will be listed in a future issue of Longacre’s Ledger, space permitting. Advertising rates Advertising policy Display ads: Rates are for camera-ready copy. One issue Quarter page $20.00 Half page $35.00 Full page $60.00 Inside front cover $75.00 Outside back cover $70.00 Four issues $65.00 $115.00 $ 200.00 $245.00 $230.00 Ads will only be accepted from members in good standing of the Society. The Society specifically reserves the right to require payment in advance, to suspend advertising privileges, or to decline any advertisement in part or in whole at its sole discretion. Minors under the age of 18 must have written parental or guardian permission. Classified: Club members are entitled to one free classified ad per issue, limited to not more than 25 words, excluding name and address. Additional ads or words are 10 cents per word, limited to 50 words, excluding name and address. v Please check submission deadlines in the front of the journal to avoid missing inclusion in an issue. Please contact: We presently need an advertising director, Please contact Chris Pilliod for information on this position. Only ads for Flying Eagles Cents, Indian Cents and Two Cent pieces are accepted at this time. Unless otherwise noted, grading will be in accordance with the official ANA grading standards for United States coins. Advertisers must extend at least a seven -day return privi- lege. Excluding the printing of an ad, the Society assumes no responsibility whatsoever, and reserves the right to edit or reject any ad that does not conform to its policy. The Flying Eagle and Indian Cent Collectors Society 25 Other clubs closely related to our club American Numismatic Association (ANA) 818 N. Cascade Ave. Colorado Springs, CO 80903 Dues: $26/yr. CONECA 9017 Topperwind Ct. Ft. Worth, TX 76134 Dues: $20/yr. Lincoln Cent Society (LCS) RO. Box 113, Winfield, 1L 60590 Dues: $28/yr. The National Collectors Association of Die Doubling (NCADD) RO. Box 15, Lykens, PA 17048 Dues: $28/yr. Early American Coppers (EAC) 1468 Timberlanc Dr., St. Joseph, MO 49085 Dues: $20 John Reich Collectors Society (JRCS) RO. Box 135 Harrison, OH 45030 Dues: $15 Liberty Seated Collectors Club (LSCC) RO. Box 776, Crystal Lake, IL 60039 Dues: $15 Barber Coin Collectors Society (BCCS) 415 Ellen Dr., Brookhaven, MS 39601 Dues: $15 Back Issues of Longacre’s Ledger Vol. 1 #1 January, 1991 (reprint) Vol. 8 #1 January - March, 1998 Vol. 1 #2 April, 1991 Vol. 8 #2 April -June, 1998 Vol. 1 #3 July, 1991 Vol 8 #3 July- September, 1998 Vol. 1 #4 October, 1991 Vol. 8 #4 October- December, 1998 Vol.2#l January, 1992 Large format issues Vol 2 #2 April, 1992 Vol. 9.1 #39 February, 1999 _ Vol. 2 #3 July, 1992 Vol 9.2 #40 May, 1999 Vol 2 #4 October, 1992 Vol. 9.3 #41 August, 1999 Vol. 3#1 Winter, 1993 Vol. 9.4 #42 December, 1999 Vol 3 #2 Spring, 1993 Vol. 1 0. 1 #43 March, 2000 Vol. 3 #3 Summer, 1993 Vol 10.2 #44 June, 2000 Vol. 3 #4 Fall, 1993 Vol. 10.3 #45 September, 2000 ( 1 99 1-1999 index) Vol. 4#1 Winter, 1994 \ Vol. 10.4 #46 December, 2000 Vol. 4 #2 Spring, 1994 Vol. 11.1 #47 March, 2001 Vol. 4 #3 Summer, 1994 Vol 11. 2 #48 June, 2001 Vol 4 #4 Fall, 1994 Vol 11.3 #49 September, 2001 Vol. 5#1 Winter, 1995 Vol 11. 4 #50 December, 2001 Vol 5 #2 Spring, 1995 Vol. 12.1 #51 March, 2002 Vol. 5 #3 Summer, 1995 Vol 12.2 #52 June, 2002 Vol. 5 #4 Fall, 1995 Vol. 12.3 #53 September, 2002 Vol 6 #1 Winter, 1996 Vol 12.4 #54 December, 2002 Vol. 6 #2 Spring, 1996 Vol 6 #3 Summer, 1996 Number of issues X $6.00 each Vol 6 #4 Fall, 1996 Please add $3.30 Postage per 4 issue block Vol. 7 #1 January - March, 1997 ($ 1 .50 postage for a singles issue) Vol. 7 #2 April -June, 1997 Mail checks to: Fly-In Club Vol 7 #3 July - September, 1 997 P.O. Box 162 Vol 7 #4 October - December, 1 997 LaFox,IL 60147 DAVE’S D.C.W. COLLECTION (trusted name in numismatics) THE COLLECTORS FRIEND "® I BUY-SELL-TRADE Flying Eagle and Indian Cents. L ARG E FREE pricelist. Very strong buyer. When it comes to high grades or Ex. Rare Varieties, see me. Strict grading a "must." ANA LM 4078, FUN-CONECA P.O. Box 500850 - San Diego, CA 92150-0850 PHONE: 800-346-6718 - FAX:858-513-6557 www.thecollectorsfriend.com 26 Longacre’s Ledger Eagle Eye Rare Coins, Inc. Knowledge, Fairness, Integrity P.O. Box 65645 Tucson, AZ 85728 (800) 323-2646 WWW.INDIANCENT.COM The Flying Eagle and Indian Cent Attribution Guide Volume 2 (1859-1869) By Richard Snow 130 pages. Spiral cover. This is part 2 of Rick Snow’s monu- mental six volume set which is the most detailed work ever published on Flying Eagle and Indian cents. Volume 1 ( 1 856- 185S) is also available. Volume 1, 1856-1858 Spiral binding (130 Pag- es) $24.95 Volume 2, 1859-1869 Spiral binding (130 pag- es) $24.95 A special three-ring bider is also available with Volume 1 , Volume 2 and Volume 6 (1900-i909)...S60.00 Please add $3.00 for postage and handling. Eagle Eye Attribution Cards A new way to keep vital information about your coins! What are Eagle Eye Attribution Cards? Would you like an easy way to keep the information that PCGS and NGC does not put on their holders with your coins? Here is an easy way to keep vital information about ' your coins with your coins. Variety information, Pedigree in- formation and format information (very important on 1856 ? s) can all be included on a slab-size laminated card with a big picture of both sides of the coin. Eagle Eye Attribution cards can be made for any coin in your collection, certified or not. This service costs $15 plus the return postage. Bulk deals can be arranged. Here are some benefits: -You can review and show off you collection while the coins sit in your safety deposit box. -Any variety information can be listed on the card. You can easily display the coins and the variety in an attractive manner. -The cards can be used to document your collection for insurance purposes. -The pedigree information, where known, can follow the coin in tire future. -In an auction or dealers display, facts about the coin will not be overlooked. -You can now document the proper format on PCGS and NGC graded 1856 Flying Eagle Cents. (Both services have stopped denoting MS on their holders - because of liability issues due to too many misattributed 1856’s.) The Eagle Eye Attribution Card will solve the issue for collectors. The Flying Eagle and Indian Cent Collectors Society 27 When you request our grading service, simply list the variety number to be verified in the space provided on the ANACS submis- sion form. The ANACS graders will verify the attribution, and the variety designation, if correct, will be placed on the ANACS Cashe for only an additional $ 1 fee. Would you like the ANACS staff to determine the variety for you? For an extensive list of varieties, ANACS will research the standard references for you and place the correct variety designation on the holder for just $6 per coin. Save on Quantity Submissions! Regular service 10 or more coins $10 per coin. 5 day service 5 or more coins $15 per coin. V ANACS “The Collectors Choice”® RO. Box 7173, Dublin, OH 43017-0773 http://www.anacs.com 1 - 800 - 888-1861 Coins with active PVC are not graded or encapsulated-